Featured Links

Banks and federally chartered trust and loan companies are required to transfer to the Bank of Canada all unclaimed bank balances maintained in Canada in Canadian currency that have been inactive for a period of 10 years.

Resources

Our currency has come a long way. And it’s going even further. The new polymer notes look and feel quite different, but they’re a good change for Canadians. They are highly secure, durable and innovative.

Market Notices

As part of an exercise to test the operational readiness of existing standing swap arrangements with other central banks, the Bank of Canada will conduct a small-value Canadian-dollar operation with the European Central Bank, drawing euros against Canadian dollars.

Following a regular review of the Bank’s policy in relation to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF), the Bank is planning to add certain Canadian-dollar denominated term asset-backed securities (ABS), including those backed by residential mortgages, to the list of eligible collateral, effective 31 March 2015.

The Bank of Canada will continue, in exceptional circumstances, to allow participants in the Large Value Transfer System (LVTS) to submit, on a same-day basis, requests to lift the 20 per cent limit of total collateral value pledged that can be the non-mortgage loan portfolio (NMLP).